Thinking about selling a house in North Carolina? It isn’t as simple as listing your place, getting the cash and handing over the keys. You’ll need to make sure you’re following the state’s legal requirements, budgeting for closing costs and taking all the right steps for a smooth and successful sale. Read on for the most important considerations as you prepare to list your place in the Tar Heel State.
Are you ready to sell? Getting prepared
The first step to selling your home is knowing where you’ll go next. If you’re trying to sell your house while buying another, it can get complicated — especially in a market with low inventory and rising interest rates. So, start the process with a firm grasp on whether you will be renting for a while or if you are in a solid enough financial position that you can buy a new home while waiting for this one to sell.
Is it worth upgrading your home before you sell?
Most home renovation projects do not recoup their full costs when you go to sell. For example, statistics show that a minor kitchen remodel only manages to retain around 72 percent of its value. So, before you invest in any costly upgrades or remodeling efforts, be sure to do the math to see how much money you’ll need to spend, along with a realistic estimate of whether it will make a meaningful difference in your final sale price.
What should you repair before you sell your home?
Regardless of decor, a home in poor condition can turn off prospective buyers. Some issues, particularly very noticeable ones, are worth fixing prior to letting anyone tour your property, and some repairs are not worth bothering with. One smart move to consider is hiring a home inspector to evaluate your home before you list it. Since a buyer will likely hire their own inspector once you’re in contract, this is a chance to get out ahead of potential problem areas and limit the potential for requests for concessions.
Staging your home
First impressions are everything in real estate. With that in mind, hiring a home staging service can go a long way to selling your house in North Carolina. You can digitally stage the property, which makes it look more appealing in online photos, or you can spend more money for an interior design expert to physically adjust the layout and rent furniture. Even if you don’t hire a professional, make sure to at least clean and organize every room to create a wow factor.
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